The Economic Times

US stock market crashes today: Why Nasdaq, S&P 500 and Dow Jones all turned red Gold and silver surge as investors rotate into safety

US stock market crashes today: Nasdaq, S&P 500, Dow fall as gold and silver rally on investor fear. The Nasdaq Composite plunged 1.01% to 23,353.77 as high-interest rates pressured tech valuations. The S&P 500 slipped 0.49%, while the Dow hovered near 49,400. Federal Reserve caution cooled rate-cut hopes, driving a flight to safety. Consequently, Gold surged 6.18% to $4,939.90, and Silver skyrocketed 13.25%. While Palantir jumped 5% on AI growth, PayPal tanked 17% on weak guidance. Investors are now rotating from volatile stocks into protective hard assets.